Solvimus: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Solvimus
Largest movements
- Tangible fixed assets +€322,780
up €322,780 (+1245.7%), from €25,911 to €348,691
of which Other tangible fixed assets: +€317,010
- Cash -€26,250
down €26,250 (-89.7%), from €29,250 to €3,000
mainly Investment in fixed assets (net) (-€368,746) and Net result for the year (-€18,832)
- Deferred charges and accrued income -€16,262
down €16,262 (-33.6%), from €48,339 to €32,077
- Receivables within one year -€15,268
down €15,268 (-9.0%), from €170,485 to €155,217
of which Trade receivables: -€23,268
- Intangible fixed assets +€12,861
new in 2025: €12,861
- Debts after one year +€230,036
new in 2025: €230,036
- Current portion of long-term debt +€37,742
new in 2025: €37,742
- Trade debts +€20,295
up €20,295 (+24.8%), from €81,672 to €101,967
- Reserves -€18,832
down €18,832 (-19.4%), from €97,149 to €78,317
- Short-term financial debts +€12,805
new in 2025: €12,805
- Gross operating margin -€37,834
down €37,834 (-18.7%), from €201,862 to €164,028
- Depreciation +€26,757
up €26,757 (+421.5%), from €6,348 to €33,105
- Other operating charges -€15,224
down €15,224 (-35.9%), from €42,394 to €27,170
- Taxes -€9,843
no longer reported in 2025 (was €9,843)
- Financial charges +€7,296
up €7,296 (+2209.1%), from €330 to €7,626
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €273,985 | €551,846 | +€277,861 | +101.4% |
| Fixed assets | 21/28 | €25,911 | €361,552 | +€335,641 | +1295.4% |
| Intangible fixed assets | 21 | - | €12,861 | +€12,861 | |
| Tangible fixed assets | 22/27 | €25,911 | €348,691 | +€322,780 | +1245.7% |
| Plant, machinery and equipment | 23 | €4,415 | €13,143 | +€8,729 | +197.7% |
| Furniture and vehicles | 24 | €14,567 | €11,609 | -€2,959 | -20.3% |
| Other tangible fixed assets | 26 | €6,929 | €323,939 | +€317,010 | +4575.1% |
| Current assets | 29/58 | €248,074 | €190,294 | -€57,780 | -23.3% |
| Amounts receivable within one year | 40/41 | €170,485 | €155,217 | -€15,268 | -9.0% |
| Trade receivables | 40 | €170,485 | €147,217 | -€23,268 | -13.6% |
| Other amounts receivable | 41 | - | €8,000 | +€8,000 | |
| Cash at bank and in hand | 54/58 | €29,250 | €3,000 | -€26,250 | -89.7% |
| Deferred charges and accrued income | 490/1 | €48,339 | €32,077 | -€16,262 | -33.6% |
| Total equity and liabilities | 10/49 | €273,985 | €551,846 | +€277,861 | +101.4% |
| Equity | 10/15 | €117,149 | €98,317 | -€18,832 | -16.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €97,149 | €78,317 | -€18,832 | -19.4% |
| Distributable reserves | 133 | €97,149 | €78,317 | -€18,832 | -19.4% |
| Amounts payable | 17/49 | €156,836 | €453,529 | +€296,693 | +189.2% |
| Amounts payable after more than one year | 17 | - | €230,036 | +€230,036 | |
| Financial debts | 170/4 | - | €230,036 | +€230,036 | |
| Amounts payable within one year | 42/48 | €156,836 | €222,142 | +€65,306 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | - | €37,742 | +€37,742 | |
| Financial debts | 43 | - | €12,805 | +€12,805 | |
| Credit institutions | 430/8 | - | €12,805 | +€12,805 | |
| Trade debts | 44 | €81,672 | €101,967 | +€20,295 | +24.8% |
| Suppliers | 440/4 | €81,672 | €101,967 | +€20,295 | +24.8% |
| Taxes, remuneration and social security | 45 | €19,757 | €25,511 | +€5,754 | +29.1% |
| Taxes | 450/3 | €4,945 | €9,763 | +€4,819 | +97.4% |
| Remuneration and social security | 454/9 | €14,812 | €15,747 | +€936 | +6.3% |
| Other amounts payable | 47/48 | €55,408 | €44,118 | -€11,290 | -20.4% |
| Accrued charges and deferred income | 492/3 | - | €1,352 | +€1,352 | |
| Remuneration, social security and pensions | 62 | €115,709 | €114,981 | -€728 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,348 | €33,105 | +€26,757 | +421.5% |
| Other operating charges | 640/8 | €42,394 | €27,170 | -€15,224 | -35.9% |
| Non-recurring operating charges | 66A | €3,012 | - | -€3,012 | |
| Gross operating margin | 9900 | €201,862 | €164,028 | -€37,834 | -18.7% |
| Operating profit (loss) | 9901 | €34,398 | -€11,229 | -€45,627 | |
| Financial income | 75/76B | €2 | €23 | +€21 | +904.8% |
| Recurring financial income | 75 | €2 | €23 | +€21 | +904.8% |
| Financial charges | 65/66B | €330 | €7,626 | +€7,296 | +2209.1% |
| Recurring financial charges | 65 | €330 | €7,626 | +€7,296 | +2209.1% |
| Profit (loss) for the period before taxes | 9903 | €34,070 | -€18,832 | -€52,902 | |
| Income taxes | 67/77 | €9,843 | - | -€9,843 | |
| Profit (loss) for the period | 9904 | €24,227 | -€18,832 | -€43,059 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,227 | -€18,832 | -€43,059 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.